CMF Newslinks Archive

“[This paper] is intended to provide thoughtful recommendations on how to reform the GSEs while ensuring a healthy, robust secondary mortgage market emerges for both single-family and multifamily mortgages.”–MBA Chairman Rodrigo Lopez, CMB, on a new MBA paper advocating GSE reform principles.

“The widely held opinion is that real estate is in the seventh inning. We disagree. We see something very different. We might be in the seventh or eighth inning from a pricing perspective, but given the market forces and attributes that currently exist, we could be in the seventh inning of a very long extra-innings game for our industry.”–Avison Young Chair and CEO Mark Rose.

“The performance of pre-crisis [commercial mortgage-backed securities] deals differs so materially from post-crisis deals that they’re really separate markets.”–Brian Olasov, Executive Director of Financial Services Consulting with Carlton Fields, New York.

“Conventional wisdom says that at such high occupancy levels, hoteliers should have the leverage to implement strong price increases. However, like for much of 2016, you need to throw conventional wisdom out the window.”
–CBRE Hotels Senior Managing Director R. Mark Woodworth.

“Conventional wisdom says that at such high occupancy levels, hoteliers should have the leverage to implement strong price increases. However, like for much of 2016, you need to throw conventional wisdom out the window.”
–CBRE Hotels Senior Managing Director R. Mark Woodworth.

“The [interest rate increase] had been so widely telegraphed–and anticipated–that raising the Fed Funds rate alone was not likely to have a significant impact. The real news was in the Fed’s expectations for more rate increases in 2017.”
–Mortgage Bankers Association Vice President of Commercial Real Estate Research Jamie Woodwell.

“If [community and regional banks] continue to be the volume leader in taking out maturing commercial mortgage-backed securities loans, we’ll continue to see high success rates on maturing loans. But some evidence is mounting that regulatory pressures on these bank lenders is starting to bite.”–Brian Olasov, Executive Director of Financial Services Consulting with Carlton Fields, New York.

Commercial and multifamily mortgage delinquencies were once again quite low in the third quarter because of the continued strength in the market fundamentals.–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“We’re seeing that Americans still value in-store retail experiences in an increasingly e-commerce world, but brick-and-mortar retailers will need to embrace aspects of online shopping and invest in experiential retail to drive traffic in-store.”–Coldwell Banker Commercial Affiliates President and CEO Fred Schmidt.

“When we look at 2017 and 2018, we expect that the momentum we’ve got at the end of 2016 will continue.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.